Аннотация
The accelerated digital transformation of financial systems has significantly heightened the importance of payment infrastructure. In the Republic of Kazakhstan 2026 officially “Year of Digitalization and Artificial Intelligence”. Under these circumstances, cybersecurity and the protection of personal data within the national payment system are becoming not merely technological challenges, but critically important priorities for government and regulatory policy. The aim of this study is to assess the effectiveness of the government and regulatory framework in ensuring the protection of digital payment technologies and personal data amid the growing integration of artificial intelligence. The study is based on an institutional and public-policy approach and employs qualitative analysis of regulatory acts, comparative legal analysis, and an assessment of government capacity in the areas of financial regulation and cybersecurity. The study shows that, despite a fairly well-developed digital payment system, current regulations remain fragmented and do not allow for a timely response to risks associated with AI. The study identifies gaps in institutional coordination among regulatory bodies and emphasizes the need to transition to a more integrated and coordinated regulatory model. The scientific contribution of this study lies in its comprehensive assessment of changes in the regulatory architecture of Kazakhstan’s payment system under the influence of digital technologies.